Pounddollar
GBPUSD 09/11Looking to short GU from 1.36000
4H timeframe confluences:
- Bearish market structure, as clear LL and LHs are being created.
- Pullback to create a new LH around the 61.8% fib retracement level which falls in line with the support-turned-resistance zone at 1.36000
- 3rd tap of descending trendline
TP: 1.34250
Selling Opportunity with GBPUSDH4 time frame.
Structure: Downtrend.
New downtrend is formed.
Wait for the price to retest to retest the new resistance area of 1.37100-1.37300 and appear bearish reversal patterns, then you can find selling opportunities.
The profit target is the 1.34200 zone.
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Wish you all have a good trading day!
GBP/USD - Buying opportunity, close to oversold areas😋Technical Overview: - GBP/USD
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
GBP/USD_4H_LongPrice broke the descending channel and previous weekly high and a weekly resistance, also it is making a pullback in daily, and in 4H it is almost bullish, so a long position taken and the TP is put on that last high that makes the bearish trend near the next monthly resistance.
R/R = 1:2.25
GBPUSD: Sell at the top of the channel for a short term pullbackGBPUSD. We are sellers at the 1.3825-35 area and we are going to add more at 1.3855. Stops above 1.3865, for 1.3780-90. The momentum of the move is strong, so we keep our positions smaller and we will be searching for buy setups after the correction...
Selling Opportunity with GBPUSDH2 time frame.
Structure: downtrend.
After an upward move to the 1.36000 resistance, a double top with divergence signal is now forming.
Wait for the price to break the 1.35500 price level and have a retest to confirm the downtrend, then you can find a selling opportunity.
Mục tiêu lợi nhuận là vùng giá 1.34000.
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Wish you all have a good trading day!
Best Setup to short GBPUSDGBPUSD is reaching at highest area of confluence to short
1- Trendline traders are looking to short
2-Support and resistance trader are looking to short(as it is reaching imp resistance)
3-Fibonacci traders are looking to short
4-Ema traders are looking to short both 20 and 50 ema
Hence it is at higher area of confluence to short
WAIT FOR THE SHORT TERM PULLBACK TO OVER AND THEN ENTER, also see the important candlestick pattern before entering
Note: Trade as per your setups and risk management this is just a setup idea.
If you want to learn these setups then checkout this
traderpreneur1.gumroad.com
Wait for a continuation pattern and a selling opportunity GBPUSDH1 time frame.
Structure: Downtrend.
After the price rallied to the confluence between the trendline and the 1.36000 resistance, there was a downside move in the direction of the main trend.
Now, wait for a completed trend continuation price pattern and a sell signal.
The profit target is the 1.34200 zone.
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Wish you all have a good trading day!
GBPUSD 1D TF : 04.Oct.2021 (Update)Well, as we can see, the price fell well after the failure of its supportive static level, and now the price has rebounded to this level, and I expect the price to continue to fall. Do not forget to set the SL ...
⚠️ This Analysis will be updated ... FX:GBPUSD
👤 Arman Shaban : @Ar_M_An_4
📅 04.Oct.2021
⚠️(DYOR)
GBP/USD - Next Potential Buy Pressure Areas🤩Technical Overview: - GBP/USD
Check out our previous posted analysis
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
Wait for the price to retrace and confirm the downtrend with GBPH4 time frame.
Structure: The bullish structure has been broken.
The price was strong down after a successful retest at 1.38000.
After the price breaks the support of 1.37300, it is possible that the price will appear a retracement to the 1.38000 and continue to down.
Wait for the price to retrace to this level and a sell setup appears, then you can trade with GBPUSD.
Profit target is 1.36000 zone.
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Wish you all have a good trading day!
GBPUSD 1D : 12.Sep.2021 (Update)Well, as we can see, the price has broken the downtrend, but it still does not have enough strength to grow, and the range of 1.388 to 1.39 is still an important resistance for the price, so breaking this resistance is very important to continue the trend. FX:GBPUSD
⚠️ This Analysis will be updated ...
👤 Arman Shaban
📅 12.Sep.2021
⚠️(DYOR)
Wait for uptrend confirmation and buy signal with GBPUSDH4 time frame.
Structure: Uptrend, the price bounced up strongly after retracing to the support level of 1.37300.
This is also the 50% Fibonacci confluence of the previous uptrend.
Currently waiting for a retest and buy signal to continue with the possibility of a pullback to 1.38100.
The profit target is the resistance zone at 1.39700.
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Wish you all have a good trading day!